latest news releases from the newsroom
Axcelis Technologies, Inc.
Axcelis Announces Financial Results for Fourth Quarter and Full Year 2007
BEVERLY, Mass., Jan. 31, 2008 (PRIME NEWSWIRE) -- Axcelis Technologies, Inc. (Nasdaq:ACLS) today announced financial results for the fourth quarter and full year ended December 31, 2007. The Company reported fourth quarter revenues of $89.6 million, compared to $107.6 million for the third quarter of 2007. Net loss for the fourth quarter was $10.6 million, or $0.10 per share, of which $0.02 was attributable to restructuring charges. This compares to a net loss for the third quarter of 2007 of $8.2 million, or $0.08 per share. In the corresponding quarter for the previous year, the Company reported revenues of $123.3 million, and net income of $15.6 million, or $0.15 per share.
Integra Bank Corporation
Integra Bank Corporation of Evansville, IN and Peoples Community Bancorp, Inc. of Cincinnati, OH Announce Mutual Termination of Proposed Merger
EVANSVILLE, Ind. and CINCINNATI, Jan. 31, 2008 (PRIME NEWSWIRE) -- Integra Bank Corporation (Nasdaq:IBNK) and Peoples Community Bancorp, Inc. (Nasdaq:PCBI) today announced that their respective boards of directors have determined not to pursue their previously announced merger. On the terms of the merger agreement that the parties entered into on September 12, 2007, Peoples would have merged into Integra, and Peoples Community Bank would have merged into Integra Bank N.A.
Columbia Sportswear Company
Columbia Sportswear Company Reports Record Fourth Quarter and Fiscal Year 2007 Results
PORTLAND, Ore., Jan. 31, 2008 (PRIME NEWSWIRE) -- Columbia Sportswear Company (Nasdaq:COLM), a global leader in the active outdoor apparel and footwear industries, today announced net sales of $376.7 million for the quarter ended December 31, 2007, an increase of 4 percent compared to net sales of $361.8 million for the same period of 2006.
Intuitive Surgical, Inc.
Intuitive Surgical Announces $189.4 Million Fourth Quarter Revenue, Up 68 Percent
SUNNYVALE, Calif., Jan. 31, 2008 (PRIME NEWSWIRE) -- Intuitive Surgical, Inc. (Nasdaq:ISRG), the industry leader in surgical robotics, today reported fourth quarter 2007 revenue of $189.4 million, increasing 68% from $112.6 million for the fourth quarter of 2006. Fourth quarter 2007 revenue growth was driven by continued robotic procedure adoption and higher da Vinci(r) Surgical System sales.
Achillion Pharmaceuticals, Inc.
New Data for Achillion's Elvucitabine Demonstrate Drug's Safety, Efficacy and Suitability for Combination Therapy in HIV-Infected Patients
NEW HAVEN, Conn., Jan. 31, 2008 (PRIME NEWSWIRE) -- Achillion Pharmaceuticals, Inc. (Nasdaq:ACHN), a leader in the discovery and development of small molecule drugs to combat the most challenging infectious diseases, today announced positive safety and efficacy results from two ongoing Phase 2 clinical trials studying elvucitabine in patients infected with Human Immunodeficiency Virus (HIV). Elvucitabine, Achillion's HIV product candidate, is an L-cytosine nucleoside analog reverse transcriptase inhibitor (NRTI) that has previously demonstrated potent antiviral activity against HIV, including strains resistant to other NRTIs.